Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp > It is flying

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Comment by Torontohomer1on Oct 04, 2021 1:41pm

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Post# 33961459

RE:It is flying

Nice to see it move up..... but a little too soon to celabrate. It broke the $1 mark in July when WTI oil peaked at $75.

Now with WTI oil breaking $78 we are struggling to hit $1. A continuance of the pattern of diminishing peaks. No real trend reversal yet.

Even at the low valuations we have seen in the past year - we should be trading north of $1.20 by now.

Lets hope it is just a matter of a few days to balance out.

Would be really nice if a sweet refinacing deal was anounced this week......

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